Show fiO O HIGHER ON M N EXCHANGE ip 1 TO MINING MEN Give your delinquent and assessment notices to The Tile Telegram Careful attention and reasonable rates assured Call up both phones for fOJ a Telegram man to call on you A days day's ret rest and nn nu American P patty party rt victory had hart a stimulating effect on securities ties tIcs during the thc forenoon session of oC tho the mining miffing exchange Tho leading feature of the call was Seven Troughs Trough Its shares selling on buyIng buying buy buy- ing orders from Crom 42 to Iti c cents w with th more stock In d demand mand at the laU latter r figure when hen it was as passed ld b by i MI May MIDa Da Day while not extremely active moved up from Crom CromI I 4 42 to 43 3 cents Uncle Sam Consolidated sold freely Creel at nt 75 5 to 76 O cents while Beck Tunnel w went nt at 64 and 65 cents Jack Consolidated Fold I 1000 mack Black 23 and 23 3 cents Co Colorado Ml Ml- shares chares at ready read takers at nt 20 had ing company compan salo the stock closing with a and Consolidated I nl South Columbus at 6 to S cents froni moved td UI while quiet considerable I after recorded sales ot of at 26 Consolidated Victor Ictor and 37 cent unchanged sales Ies at ach In turn recorded Pr continued through the tho The activity It sellers board call cAli with several sc heM heavy open were quarter In In evidence Prices every firm 24 cents Black Jack moved up to I went nt at 30 and 31 c cents nt Cron Mining passeL passed over 1200 at atto 2 0 Colorado mo cd upward South Columbus to 92 Sam Crom 94 to 98 8 t Cents nt while Uncle i went at iC iCi an and 76 cents Consolidated COnsolidated was wa the most active e C te er ot of the call caU shareS shar's being i traded In at 37 to cents I The regular call closing quotations were cre as follows las I 1 Did Bid I Asked I o 0 75 IA hAlice lice 1 O 1 27 30 Ion Bullion Beck 22 Carilla 17 to Creole 30 Consolidated Mercur 20 40 Daly IE O ODal Dal Daly Jud Judge e Daly West Vest Eagles tle's Nest 30 and Blue Dell Deli 17 Grand Central 30 lion Silver LIttle Dell Bell Lower Mammoth 13 14 Lou Iou Dillon 10 00 5 Nay Ia Day 4 43 41 11 Nevada Ne lulls Hl O Nevada Jf da FaIr OS OS 10 OntarIo 1 00 Sacramento nto Of er 81 Shield 10 Swansea 0 South Swansea 07 on 12 Uncle Sam i 1 is 75 1 00 Columbus Consolidated In Indian Queen of 15 Boston Consolidated Butler Liberal OS leek Beek Tunnel ci E I 65 flack Jack 22 ullock 04 O Colorado Mining O 0 I merald 15 15 Ingot O 02 05 Joe loe Bowers 03 Lend Lead King 16 LIttle Chief on O 06 lAke H 41 He New e York 11 Nevada r Hills Florence 15 Richmond Anaconda 15 South Columbus Con j 3 Seven Troughs 4 46 03 Oli 04 o Victor Ictor OS Wabash 5 2 45 Crown Point 8 31 iron ron Blossom 35 3 Ibex Inho I Consolidated d 1 I j 36 38 FORENOON OON SALES i Columbus Columbu Consolidated at May I a Day Dar COO 50 at 1500 at 1100 at nt Uncle Sam Consolidated d. d at 1000 at at t buyer buer thirty days daya Beck Deck Tunnel at tOO it at i I BlAck ck Jack at at 5 Colorado Mining at nt U. U 5 1200 at I 1700 at 0 O. O I I Crown Point at SOc I South Columbus Consolidated 1 at at Sioux Con Consolidated at at Seven Troughs at at atHe He at 42 c at at GOO at Gc at nt 1000 at fit t Victor Ictor at Dc OPEN OPE BOARD DOARD Black Jack 20 at 10 at Crown Point at cOO at SOc Colorado Mining 1000 at at seller seHer sixty dasMa days das Ma May Day at 13 Uc c. c Mountain Lake at South Columbus Consolidated at Uc at 1000 at t Uncle Sam am Con Consolidated at 1500 1600 at Sioux Consolidated 2000 at 1101 1100 at at I TOTAL SALES Regular 1330 shares shores Cor for Open board shares for or 1332 5 52 Total sales shares hares for tor QUIET AT GOLDFIELD All ti t M. M r. r Johnson chief of ot the engineering department of ot the ehouse staff has hos returned from rom rota a trip to Goldfield and Tonopah Tonopah Tonopah To- To and reports everything t very eo quiet In both camps Owing to the tho curtailment curtail curtail- ment meat of oC production that has b. b ben en en forced on that section lIon b by the stringency In the thc mone money market mark t th the activity It of the tho producing In ing properties Is III a way below normal 1 POWer Fewer POW Few er prospects arc are being de loped developed Hoped at this time and a number of ot miners that are arc out o of employment are aro pulling pu out for or orI other fields of labor The Thc railroad companies companies compa compa- I nies aro are finding finding- no difficulty In securing white labor for or the tho construction work but hut 4 even n this Improvement ment has hu been suspended suspended sus sus- us- us by b tho the Southern Pacific and some flome of the thc other lines Added to these conditions I H Is the further embarrassing situation of ot the continuation continuation continuation continua continua- tion of the lda ho holidays 3 declared b by Governor Go Sparks in order to tido the tho Nevada honks banks over r these trying times Merchants and little actual p have very ery cash to conduct their business with and the laboring class art are deprived ed the use of a lars large e amount of mon money mone which was nas kept In circulation at all times b by them Both camps have brighter prospects foran for foran or an Rn production of ore than at an any anytime anytime time the first discoveries were made In thle e great districts and while there is a n temporary lull In the a of pf tho these o mines th the properties s arc are n now w In strong trong hands that arc are developing de thai thUl territory ter to a n much greater depth where It ItI itIs I Is 11 found the richest ore bodies are heln being uncovered unco With Ith the revival re of business activity throughout the country Tonopah I and Id will be the thc foremost mining ml- ml I ning centers In the sagebrush state for or a 0 number of years cars to come MAY DAY AND UNCLE SAM PAY Da and Undo Directors of oC the May Day Sam Mining dining companies met In this city this afternoon and posted the regular div May Ia Days Day's distribution Is at tho the rate o of 1 11 fl cents a share and Uncle Sam Sams Sam's s Jg is at the rate of or 3 cents a n share the former ormer compan company's distribution aggregates and the latter al aggregates reates The Tho superintendent nt of oC the thc mines reported report report- ed ell both propositions to be In excellent ph physical condition and said that th the companies com corn panics could continue the shipment of ores Just so ISO long as the valley smelters were willing to accept the ores orcil In fact It wits was explained that there was a 1 movement movement move move- ment on foot toot to Increase the dividends l at atthe atthe the tho time that this slump came on on but with the markets generally In an unsettled condition It was decided to defer action on this matter ml for the tho present Tho The treasurers treasurers treas trens- amply provIded provided pro pro- of both companies are aro vided with a surplus for Cor an any emer emergency enc that may arise but unless the met metals Is are firmer during November o D DO ua one seem II I willing to forecast a continuation of oC thc the of the other mining mi mining ml- ml dividend dl for 01 these or any i ning properties of Utah Tho The posting of these dividends dl do not to the shareholders come com as all a surprise and It Is expected that the Colorado Grand Central and possibly the Lower Mammoth will w follow Collow the tho example set by their neighbors and announce tho the postIng postIng posting post- post Ing of dividends Saturday and anel Monday ON ON TO SEVEN TROUGHS Some Sorno New ev York mining men have just returned from Crom a 3 visit to the Seven Troughs Trough district whither they were at attracted attracted at- at b by their representatives who had been in that section for some sonic time and made favorable Cn reports regarding existIng existing exist exist- In ing conditions of oC the campOn camp On to Se Seven Se n Troughs Troughs' Is the cry that we had heard hoard In tn various parts of thc the Neada Nevada Nevada Ne Ne- vada ada country countr remarked one of oC the tho en engineers engineers engi engi- l- l of the thc party part now In thc the city Wo We o came out after making a careful Inspection inspection tion of oC that mineral belt recently and I Ican Ican Ican can say for or myself and my friends that we ve were verv very much pleased sed with the tue fu future I C ture tore possibilities of that mining belt bell There seems to be bo an almost Inexhaustible ble supply of low-grade low g gold ld and silver silver- bearing hearing rock In the thc mineral bearing district district district dis dis- of oC Seven Troughs and from Crom late lato prospects I understand that the limits of oC tho the mineral minerai bearing zone are ore being ex extended ex- ex tended So far as we were able to Judge there will w bo be opportunities for Cor some bl big money noney to be bo made by largo large milling plants so sosoon sosoon sosoon soon as all the ground has been opened up to greater depth and a large large- tonnage of oC these ores blocked d out Still there Is tho the water proposition which will 11 have to tobe tobe tobo be bo solved before there thero can be an any cr very large lar c mills milia successfully operated In that region rellon to This party part expected to return to the tho cast this afternoon and wind Ind up some i business In connection with funds for the I carrying on of ot mining op operations In Seen Seven Sev Se I en Troughs The They refused to disclose the exact properties that thc they Intended to open up claiming that it would woul only onh bo fair to all 11 concerned to await alt the tho time timo that all nit of oC tho the money needed has been I I properly arranged for In the meantime the they sa say eay that the they are going to return to the thc southern camp as quickly as the they can arrange o business matters not even remaining to spend pend the holidays with their families One of oC tho the party part said that there thero are arc pockets of high-grade high ores that unquestionably will wl bo be uncovered In a numb number r of ot properties throughout the entire en- en I tire lire district These pockets that have hove been heen encountered In a a. few tew of ot th the thA properties properties properties prop prop- contain sized good fortunes and where the ground Is owned b by corporations corpora corpora- lions Uon these rich ore bodies will furnish ample means with which to prosecute the thA I Id d development and equipment of ot properties without the necessity of oC calling on shareholders shareholders share share- holders to dig down n In their the for Cor forthe the tho means to open up hl Mg big mines mine I VELL WELL AT VIRGIN There was enthusiasm among oil men this morning upon the receipt of ot a message message mes mes- sa sage e from Crom Ua Virgin ln oil Heidi fields b by PresIdent President dent Dunn of ot the Ru Rush h Valle Valley Oil and Gas Gns company Th The Tho messa message e announced tho th coming In of or the third well In the Ir Virgin Irgin ln oil fields and that while there ha has been no gusher drilled ed Into the oil Is In I good quantities and can be used for or fuel purposes This last well Is known as os tho the McKenzie well and Is being operated h by the tho syndicate lyn of mining men headed b by Mr McKenzie tho well-known well promoter The three thre wells lIs that are now flowing In the Virgin oil fields are aro the tho Rhyolite Nos 1 and 2 an and the McKenzie In ln addition addition addi addi- tion to lo this there are t twelve twel el e rigs that are en route to tho the fields to be he Installed Imm Immediately upon arrival arri This will give Ive some Idea of or the activity in that district and yet et wells have havo on onry been dropped down to a depth of ot from to feet Ceet These drills have simply simp I cut h th tho first stratum and the theo thee e flows will be b coned up and the casing sent sont down to tho the second stratum nt at a n depth of between 1200 and 1300 feet and from rom this to the thc third stratum at nt a depth of ot be between between between be- be tween 1600 and 1800 feet KImball brothers have brought their stage coaches co over from Rhyolite und these will ply pI between Lund on the rail rail- railroad road and Virgin City This will give one an opportunity to leave o here at Sl at night and anel re roach reach ch Virgin City tho the next night ARE GUGGENHEIMS CLOSING Reports have havo been coming In from Crom the east regarding tho changes In the tho controlling control control- ling liner Interests In a n number of ot bt big Industrial Industrial Indus Indus- trial Institutions as a result of oC the tho tightness tightness tight tight- ness of oC tho the money market Tho latest re report ro- ro port of this character is that J J. J PIerpont Morgan the tho New York banker has the treed It is said that the cause causo for stopping construction work on tho the Ely smelting plant and mill recently was due ue to the fact that the Guggenheims were refused reu d more mor money mone with which to carl carry out this work When hen the thc announcement was made that tho the mammoth mill and smelter would be built at nt McGIll McG by tho the Guggenheims for tor use uso of ot their Nevada mines It was given out that the entire proposition had been financed nut Cut tho the stopping stopping- of oC work at this unfinished plant demonstrates most clearly that there thoro Is some hitch In getting getting get get- et- et ting the thc necessary money to complete this work s ork Now the eastern financial centers are arc beginning to tell the this people that the Guggenheims Gug Gug- are aro out of ot money and th they aro now about to lose tho the control in the tho great reat copper mines and their large smelting smelt smelt- In ing interests and anel that Morgan dorgan Is at the head of the thc new s syndicate that will control control control con con- the smelting trust as fiS well as all the thc new corporation that will with the Amalgamated Copper crowd In the control of the red metal production of ot the world PARK CITY ZINC PLANT Carpenters and brick layers aro are going out to Park City to work on the construction construction con con- of thc the new zinc plant which is IB located close to tho the sampler down in the flat fiat below town The Tho foundation for Cor this mill Is nearing completion and the Cleveland Clove Cleve land people are aro going to rush the thc work to completion as fast Cast as men and material material material ma ma- can be bo had had- The object of the promoters promoters pro pro- Is fa to have everything before the winter Inter months month set sot In so they can have hove tho the protection from Crom the hea heavy snows to continue the work ork Indoors One of oC the thc construction crowd from the tho east said this morning that as soon as the buildings s were completed It would only onh be bc a matter of a couple of oC months before the machinery would be bo placed 1 In position provided the tho orders for the thc equipment were vero promptly filled flied The Thc plant will have ha a capacity of treating tons of ot ore dally daily when completed and If Ir the mines will furnish more of or the tho product product product prod prod- after a trial the capacity will bo be Increased in proportion to the requirements requirements require require- ments ment of the tho camp Only about tons will wl be bl treat treated d at ot first and most of ot this ore will wl be sent ent down dow b by the tho Dal Daly Judge |